Health Care & Social Assistance (NAICS 62) Industry Market Research Report

Health Care & Social Assistance - Market Size and Forecast

The Health Care and Social Assistance report contains both historical and forecasted statistics. Total market size figures from 2015 to 2025 reveal industry growth patterns and trends. Market size measurementsincludes both public and private companies in the industry.

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Market Size (Total Revenue)


% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Health Care & Social Assistance Industry Revenue
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021

Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Health Care & Social Assistance - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Health Care & Social Assistance companies in the United States.

Health Care & Social Assistance Revenue by State

US Market Size by State

Distribution by Company Size

Company Size All Industries Health Care & Social Assistance
Small Business (< 5 Employees)


Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Health Care & Social Assistance - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry Average Percent of Sales
Total Revenue


Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits



Depreciation and Amortization

Officer Compensation

Net Income

Health Care & Social Assistance - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios


Profit Margin
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Health Care & Social Assistance - Compensation and Salary Surveys

TitlePercent of Workforce Bottom Quartile Average (Median) Salary Upper Quartile
Management Occupations 3%


Chief Executives 0%
General and Operations Managers 1%
Other Management Occupations 6%
Business and Financial Operations Occupations 6%
Business Operations Specialists 6%
Life, Physical, and Social Science Occupations 19%
Social Scientists and Related Workers 18%
Psychologists 18%
Clinical, Counseling, and School Psychologists 17%
Community and Social Service Occupations 5%
Counselors, Social Workers, and Other Community and Social Service Specialists 5%
Counselors 27%
Marriage and Family Therapists 8%
Rehabilitation Counselors 10%
Substance Abuse, Behavioral Disorder, and Mental Health Counselors 18%
Social Workers 10%
Child, Family, and School Social Workers 6%
Mental Health and Substance Abuse Social Workers 8%
Miscellaneous Community and Social Service Specialists 10%
Social and Human Service Assistants 7%
Education, Training, and Library Occupations 14%
Preschool, Primary, Secondary, and Special Education School Teachers 9%
Preschool and Kindergarten Teachers 8%
Preschool Teachers, Except Special Education 8%
Other Education, Training, and Library Occupations 15%
Teacher Assistants 14%
Teacher Assistants 14%
Healthcare Practitioners and Technical Occupations 37%
Health Diagnosing and Treating Practitioners 23%
Chiropractors 22%
Chiropractors 22%
Dentists 12%
Dentists, General 11%
Optometrists 16%
Optometrists 16%
Physicians and Surgeons 6%
Physicians and Surgeons, All Other 7%
Therapists 17%
Occupational Therapists 9%
Physical Therapists 9%
Speech-Language Pathologists 8%
Registered Nurses 7%
Registered Nurses 7%
Health Technologists and Technicians 14%
Clinical Laboratory Technologists and Technicians 22%
Dental Hygienists 22%
Dental Hygienists 22%
Diagnostic Related Technologists and Technicians 12%
Radiologic Technologists 6%
Emergency Medical Technicians and Paramedics 41%
Emergency Medical Technicians and Paramedics 41%
Health Practitioner Support Technologists and Technicians 10%
Psychiatric Technicians 11%
Ophthalmic Medical Technicians 10%
Licensed Practical and Licensed Vocational Nurses 6%
Licensed Practical and Licensed Vocational Nurses 6%
Opticians, Dispensing 22%
Opticians, Dispensing 22%
Healthcare Support Occupations 23%
Nursing, Psychiatric, and Home Health Aides 8%
Nursing, Psychiatric, and Home Health Aides 8%
Home Health Aides 6%
Psychiatric Aides 10%
Nursing Assistants 6%
Occupational Therapy and Physical Therapist Assistants and Aides 11%
Occupational Therapy Assistants and Aides 6%
Physical Therapist Assistants and Aides 8%
Physical Therapist Assistants 11%
Physical Therapist Aides 7%
Other Healthcare Support Occupations 14%
Massage Therapists 9%
Massage Therapists 9%
Miscellaneous Healthcare Support Occupations 13%
Dental Assistants 33%
Medical Assistants 7%
Phlebotomists 16%
Food Preparation and Serving Related Occupations 10%
Cooks and Food Preparation Workers 6%
Food and Beverage Serving Workers 9%
Food Servers, Nonrestaurant 6%
Food Servers, Nonrestaurant 6%
Building and Grounds Cleaning and Maintenance Occupations 5%
Building Cleaning and Pest Control Workers 5%
Building Cleaning Workers 5%
Janitors and Cleaners, Except Maids and Housekeeping Cleaners 6%
Personal Care and Service Occupations 23%
Other Personal Care and Service Workers 23%
Childcare Workers 12%
Childcare Workers 12%
Personal Care Aides 23%
Personal Care Aides 23%
Residential Advisors 5%
Residential Advisors 5%
Office and Administrative Support Occupations 23%
Financial Clerks 5%
Information and Record Clerks 7%
Receptionists and Information Clerks 5%
Receptionists and Information Clerks 5%
Secretaries and Administrative Assistants 7%
Secretaries and Administrative Assistants 7%
Medical Secretaries 5%
Other Office and Administrative Support Workers 9%
Office Clerks, General 8%
Office Clerks, General 8%
Production Occupations 6%
Transportation and Material Moving Occupations 6%
Motor Vehicle Operators 6%
Ambulance Drivers and Attendants, Except Emergency Medical Technicians 5%
Ambulance Drivers and Attendants, Except Emergency Medical Technicians 5%
Material Moving Workers 5%

Government Contracts

In 2008, the federal government spent a total of $7,758,767,023 on the health care & social assistance industry. It has awarded 58,437 contracts to 8,766 companies, with an average value of $885,098 per company.

Health Care & Social Assistance and Adjacent Industries - Top Companies

Company Address Revenue
($ Millions)


Health Care & Social Assistance Industry Report
Geography United States  
Publication Date May 2020
Report Format PDF Download  
Price $450

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